If the S&P manages to clear the 1,420 level,
its next key resistance is near 1,440:
Not exact matches
OverviewGold price shows a bearish bias after approaching the critical
resistance at 1,197.10, which represents one of the
next trend
keys besides 1,183.83 support, where the price is following its way to test this support.
Instead of mucking in with the multifarious
resistance movement - which, as you rightly state here, does not require universal agreement in order to progress, that sort of Leninist thinking is weedkiller to the grassroots - Labour is already positioning itself for the
next election, terrified of doing anything at all which might upset the few swing voters in
key marginal seats that the party has repositioned itself towards over the past twenty years.
«It's like
resistance is a lock and venom is the
key and I have to have the right
key to open my office and another one to open the office
next door,» Holding said.
The 38.2 % level also coincides closely with a
key resistance level (shown on the
next chart):
Also take note of the distance between this
key level that was broken and the
next resistance level.
Meanwhile, the
next key (3 year)
resistance level is at EUR 7.65 - 75.
This is left to the trader's discretion, however a good profit target is to use the
next key level of
resistance for a long trade, or the
next key level of support for a short trade.